Houston, TX 77055 Real Estate Market Report

ZIP Code: 77055
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The neighborhood's primary valuation benchmark, the median sold price, is not available in the provided dataset, so recent transaction-based valuation is unavailable, and analysis must therefore rely on listing-side metrics and trend signals.

2. The local pricing snapshot shows a median listing price of 639,000 with a median price per square foot of 260, and the indexed price trend is up, suggesting modest upward pressure on asking prices even though transaction-level sold price confirmation is unavailable.

3. Market liquidity appears muted: the median days on market of 154 coupled with elevated inventory relative to sales in the sample suggests slower sales velocity and pricing friction; the overall market temperature is neutral, indicating a balanced but cooling environment rather than a strong seller market.

4. Rental performance is soft relative to last year: the median market rent of 1,935 is paired with a rent year-over-year trend that is down, while interest rate pressure is elevated (elevated), which may constrain investor appetite and prolong time-to-sale for SFR and condo listings.

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Notable Properties

The following 1 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Houston, TX 77055 Real Estate Market Report

ZIP Code: 77055
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The report treats the median sold price as the primary indicator of market value and recent transaction activity; however, because recent sample sales are limited, the reliability of the median sold price as a stable indicator may be reduced.

2. Sellers are presenting properties around a median listing price of $159,000, while elevated inventory relative to sales and long marketing times suggest pricing friction between asking expectations and closed transactions.

3. Market velocity is slow: the median days on market is 231 days, which signals slower sales velocity and contributes to elevated inventory relative to sales activity rather than rapid turnover.

4. Market direction and external pressures are mixed: the price year-over-year trend is up (positive), rent year-over-year trend is down (softening rental demand), the market temperature is neutral (balanced), and interest rate pressure is elevated (headwind), implying buyers may have negotiating leverage despite modest price appreciation.

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Notable Properties

The following 1 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.